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Anglo Asian Mining 1Q25 Review

mining
Apr 15, 2025
Article Source LogoGlobal Mining Review
Global Mining Review

1Q25 production update

Q1 2025 Sales and cash update

Operational highlights

Anglo Asian CEO, Reza Vaziri, commented:

“I am pleased to report our first full quarter of production following the restart of operations in the final quarter of last year. We produced 8085 gold equivalent oz, including 534 t of copper, which is an encouraging performance during the winter season. As a result of our careful cash management, we are pleased to report an overall positive net cash inflow of US$1 million.

“This strong start to 2025 is very encouraging as we ramp up production and execute our medium-term growth strategy to transition to a mid-tier, primarily copper-focussed producer. Gilar entering full production in May will be another key milestone and we are making important progress across our developmental portfolio. I look forward to providing further updates in the coming months.”

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